Monday, July 29, 2019

JPMorgan, UBS Among Five Banks Facing $1 Billion FX-Rigging Lawsuit

Currency-rigging! Is this 12-Millionenth one or what? Covers the years 20017-2013 ..could go on unresolved for 5 years.
They say 'it's not a lot of money'
Published on Jul 29, 2019
Views: 136 at time of upload to this blog
Jul.29 -- JPMorgan Chase & Co., UBS Group AG, Barclays Plc, Citigroup Inc., and Royal Bank of Scotland Group Plc are the target of a class-action lawsuit seeking more than $1 billion over allegations of foreign-exchange rigging. Bloomberg's Sonali Basak and Sarah Ponczek report on "Bloomberg Daybreak: Americas."
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